OCEAN will be Delisted from BybitWhile OCEAN coin will get delisted from Bybit exchange on 07.06.2024, it is still looks exceptionally bullish. Perhaps it is just a price manipulation by exchange before the BIG Pump?
Cryptopamm
BTCUSDT could be heading towards a new All-Time HighWe can clearly see that 67k is a very strong support/demand area, which is currently being respected. And as long as Bitcoin remains above, without a decisive daily break and close blow 66k, we will continue to expect a potential rally.
Along with the BTC, Alts should feel very strong as well, and many should go ballistic.
ZILUSDT Perfect RRZIL continues to respect the uptrend trendline, validating the upside trajectory. We are going for a very aggressive trade setup and lets see how it turns out
Red Alert: BTCUSD Vulnerable to Major Sell-OffToday, Bitcoin ventured to the pinnacle of its extended ascending channel, experiencing a distinct rebound. This bounce introduces a heightened risk of mounting downward pressure, potentially leading to a 20% decline in BTCUSDT. The rationale behind this projected drop lies in the proximity of the nearest support level at $57,981, aligning with the 38.2% Fibonacci retracement level and the lower boundary of the channel.
Given these circumstances, exercising extreme caution in purchasing both Bitcoin and altcoins at this juncture is strongly recommended.
Quant (QNTUSDT) Anticipating an Upside MoveQNTUSDT has demonstrated consistent adherence to the uptrend trendline, coupled with robust support near the $110 level. Despite recent daily downward spikes, each instance has been met with a resilient bounce off the $110 support zone, indicative of strong bullish defense.
This price action substantially bolsters the likelihood of an uptrend continuation for QNTUSDT. Consequently, we anticipate a move to the upside, targeting the 161.8% Fibonacci resistance level at $173. Investors should monitor QNTUSDT closely for further developments as it navigates this potential upward trajectory.
UNOUSDT 144% Growth ExpeditionUNOUSDT is currently showcasing a robust and exponential uptrend, indicating promising growth potential. Notably, the recent resistance zone around $0.07 has transitioned into a support level, serving as a pivotal starting point for what we anticipate will be a remarkable 144% rally.
Our analysis suggests that this rally may unfold rapidly, potentially materializing within a span of just a few weeks. However, we acknowledge the possibility of the rally extending over a period of up to three months. Despite this variability in timeline, the overarching sentiment surrounding UNOUSDT's price action remains unequivocally bullish.
Bitcoin 100k AscentBitcoin is poised for its next upward move, although a period of further consolidation seems probable.
Currently, we anticipate a pullback towards the 61.8% Fibonacci support level around $66k. If/when such a pullback will occur, it will likely present a compelling risk/reward opportunity for buyers.
SDEXUSDT Mid-Term Price PotentialBased on how resistance continues to flip into the support, we can assume with great deal of confidence that the trend remains heavily bullish.
In our analysis we have shared a potential trade setup for SDEX, yet, the price can and most likely will move much higher.
Altcoin Boom and QTUMUSDT 150% PotentialQTUMUSDT has broken above the uptrend trendline resistance, a significant milestone in its price action journey. Following this breakout, we observed a subsequent breach of the previously established high at $4.27. While the current pullback may appear as a temporary setback, it actually presents a compelling long-term buying opportunity not only for QTUMUSDT but also for most altcoins.
This pullback could mark the onset of the strongest upside wave for alts, with the potential for approximately 150% price increase in the coming months. For QTUM, our upside target is set at $10.6, aligning with the 361.8% Fibonacci retracement level.
Be prepared for what could be an extended altcoin season, offering opportunities for both short-term and long-term positions.
COMPUSDT is about to go BOOM!COMP has successfully broke the resistance uptrend trendline, after which an ABC correction followed. Based on these facts, we can assume, with high probability that the trend remains bullish, in fact, aggressively bullish.
Therefore we expect a 100% price increase, where COMPUSDT should hit $160 mark, where double Fibonacci resistance is located.
XRPUSDT Unmistakable Signs of an UptrendFollowing XRPUSDT's breakout above the descending channel, unmistakable signs of an uptrend have emerged:
Higher Highs and Higher Lows: Price action is consistently printing higher highs and higher lows, indicative of upward momentum.
Support Zone Transformation: The previous resistance area has successfully transitioned into a support zone, reflecting bullish sentiment.
Fibonacci Respect: The 61.8% Fibonacci level has been duly respected, underlining the strength of the uptrend.
Bounce Off Uptrend Trendline: A clean bounce off the simple uptrend trendline further validates the bullish trajectory.
Considering these factors, a 45% jump is easily anticipated, with overall much higher upside potential.
STORJUSDT Potential ReversalLooking at the short timeframe, we could be a the very early stage of a major uptrend. Yet, lets see the price action near the demand zone.
Bitcoin can Jump by another 40%
A few days ago, Bitcoin experienced a dip to FWB:65K , coinciding with the average-price uptrend trendline and the midpoint of the ascending channel. The subsequent bounce from this support level was notably strong, signaling active participation from buyers. As long as the price remains above the FWB:65K demand area, we anticipate a continuation of the long-term uptrend.
Looking ahead, there's potential for BTCUSDT to test the 261.8% Fibonacci resistance level near FWB:88K , reflecting the resilience and bullish momentum in the market.
SXPUSDT Path to 100% GrowthGreat news on SXPUSDT! The price has made a decisive break above the supply zone around $0.44, marking a significant milestone. Just yesterday, we witnessed the printing of a new higher high, signaling a strong bullish sentiment and suggesting that bulls are firmly in control.
Given these developments, it's highly plausible for the uptrend to persist, with the potential for significant growth in the coming months. In fact, we're eyeing a whopping 100% increase in price. Why? Well, our key resistance level sits at $0.91, a level that's doubly confirmed by Fibonacci analysis.
ICXUSDT Momentum Shifts and 100% Upside PotentialAfter giving a respectful nod to the long-term downtrend trendline, ICXUSDT went ahead and broke free from the supply zone. The recent resistance at $0.33 is now playing the role of a supportive ally.
What does all this mean? Well, it's looking like ICXUSDT is on an exponential bullish streak. And you know what that means? We're likely to see this uptrend continue its momentum.
Now, let's talk upside targets. The ever-reliable 161.8% Fibonacci retracement level seems like a reasonable goal. And if we hit that mark, get ready for a jaw-dropping 100% price surge for ICON!
ENSUSDT Triangle Breakout and 90% Growth PotentialExciting news on the charts for ENSUSDT!
So, after what feels like ages, we finally saw ENSUSDT break free from its year-long downtrend trendline. Price then went on to form a Symmetrical Triangle pattern, and at the start of this month, we witnessed the breakout above the triangle, accompanied by a brand-new higher high.
Now, what does all this mean? Well, it's screaming bullish vibes! The persistent bullish pressure we're seeing strongly hints at an ongoing uptrend. And if we take a look at the initial upside move, we can make a pretty educated guess about what comes next.
Based on the strength of the first wave, it's entirely possible that our next upside target could hit around $44. It conveniently lines up with the 161.8% Fibonacci retracement level.
It looks like we're in for quite the ride with ENSUSDT!
ACEUSDT Bullish Signals Point to 60% Potential IncreaseIn the ongoing trajectory of ACEUSDT, the trend persists upwards, characterized by consistent higher highs and higher lows. Concurrently, a notable adherence to the uptrend trendline is evident upon examination of the daily chart. Particularly noteworthy is the decisive bounce off the 127.2% Fibonacci support level, occurring as the price briefly dipped below the uptrend trendline. This resilient response underscores the robust defense by bulls around the $11.60 mark.
In summary, the prevailing indicators strongly suggest that the uptrend remains unbroken. In fact, I anticipate a minimum 60% price surge, with ACE setting its sights on the 327.2% Fibonacci resistance level at $18.50.
LTC Strategic Move: Collapse down to $56 Buying LiquidityIn light of the Triangle Breakout pattern, Litecoin has successfully reached its upside target. Simultaneously, LTCUSDT has broken above the resistance uptrend trendline, signaling a positive outlook for the long term. However, the current market conditions are presenting a highly intricate timing challenge for both buyers and sellers, with price exhibiting heightened volatility.
Despite the complexity, there's a probable scenario on the horizon. LTC's price might experience a downward move toward the $56 mark, a level often marked by stop losses. Interestingly, this zone is expected to attract significant buying liquidity, serving as a robust support and contributing to a highly favorable LTCUSDT price action.
Stay vigilant for the emergence of a new higher high, as it could indicate a rapid continuation of the uptrend. The key is to remain alert to market dynamics and potential shifts while navigating the current volatility.
AVAX ABC Correction PlaybookAVAXUSDT has recently encountered a formidable psychological barrier at $50, coinciding precisely with the 661.8% Fibonacci retracement level. This alignment presents an opportune profit-taking level for buyers, suggesting a potential shift in market sentiment. Traders could be inclined to initiate short positions on AVAX, possibly giving rise to an ABC corrective pattern in line with the Elliott Wave theory.
The critical factor to monitor is the adherence to the $50 level. As long as this psychological resistance holds, it signals a preparation for a robust C-Wave down, indicative of a corrective move in the broader market. Staying vigilant around this key level will provide insights into potential developments and opportunities in AVAXUSDT's price action.
Anticipating Explosive Growth for SUIUSDT🔅SUIUSDT has showcased significant respect for the $0.51 demand zone, highlighting a crucial support level within the price action. Concurrently, a notable surge in volatility suggests an imminent explosive move in the near future. Analyzing the current price dynamics, particularly the bounce observed from the demand area coupled with the formation of higher highs (HHs) and higher lows (HLs) pattern, strengthens our expectation for a substantial growth surge.
🔅Our upside target aligns with the 78.6% Fibonacci retracement level, correlating with a previously established supply area. Achieving this target could result in a robust 50% gain. We've already shared our comprehensive trade setup in our channel, positioning ourselves to capitalize on this potential opportunity.
Crypto Heat Check: Anticipating a Cooling Off in the MarketThe crypto market's temperature seems to be rising, indicating a potential need for a healthy relief bounce. While the altseason may not have concluded, it's prudent to brace ourselves for a corrective move downward.
Taking a closer look at the SUIUSDT example, we can witness the market's respect for the supply area. Particularly noteworthy is today's occurrence—a clean bounce off the 61.8% Fibonacci resistance level, signaling a palpable downward pressure. This could potentially translate into a 15-20% price drop.
Don't get overexcited and be ready for any scenarios!
SUIUSDT Swift Recovery and Downtrend BreakUpon observing SUIUSDT's medium-term price action, a discernible supply/demand zone materializes in the vicinity of $1.44. While there was an initial attempt to breach this zone, the descent halted in proximity to the 88.6% Fibonacci support. Subsequently, SUI swiftly rebounded, reclaiming its position above the demand area.
The most recent price movements underscore a significant development—the breakthrough above the downtrend trendline. This could potentially signify a persistent bullish pressure.
Our expectation is for SUIUSDT to sustain its upward move, aiming for the nearest key resistance, characterized by a double Fibonacci level.
It's essential to note that only a decisive break below the demand area would cast doubt on this bullish scenario, prompting a reevaluation of the prevailing market dynamics.
Litecoin (LTCUSDT) Market MomentumLitecoin (LTCUSDT) has been a steady force, treading above the 61.8% Fibonacci support area since late September 2023, creating a stronghold of demand around the $64 level. The recent resurgence sees LTCUSDT reclaiming its position above the long-term uptrend trendline, signaling the potential validation of a mid-term uptrend.
In today's analysis, a compelling chapter unfolds as we witness a potential clean bounce off the short-term uptrend trendline—a support pillar that currently cradles Litecoin's price. Notably, the $69 zone emerges as an attractive buying opportunity, boasting a risk-to-reward trade setup that promises solidity and potential gains.
The journey ahead for LTC holds promise. The $69 zone, with its strategic positioning and enticing risk profile, beckons as a gateway to potential market opportunities. As the gears of Litecoin's market dynamics click into place, our sights are set on the $87 resistance area, where the next chapter of LTC's upward trajectory may unfold.
